CBI/EconomyWe had some great CBI articles and discussion about each article tonight - Listen to the Call for the great information shared Government We had some great Government articles and discussion about each article which follows below - Mikes analysis follows after each article listed - - listen to the call to get ALL the great discussion and analysis- here are some of the highlights:Again....Maliki had more bad days and it looks like it is going to keep getting worse.....

Quick OverviewLots going on - Parliament is trying to take control over what they have control over they are trying to do things constitutionally - Do they have the ability to seat the ministers? Do they have the ability to force Maliki to do the things that they need to do - Does the ability to form these committees stay where they need to stay?And they are taking full advantage of this and passing laws and passing the Commissions and doing the things and Maliki is just having a fit about it - They are going thru and doing what the need to do and it is just amazing to see his reaction to some of this news day after day Today one of the things that happened which was very interesting that was in the news today off of the Parliament website - they passed the regulation to allow Iraq to have international banking where they have banks inside Iraq and outside Iraq - so Iraq can come back and put a bank in New York and be international just like HSBC, etc - they amended the law to do that so folks important things are getting passed - don't think that things are not getting passed during this time when Shabibi is not there - They had 217 show up to Parliament today in the House and they are feverishly passing things at this point in time that are affecting how this government is going to operate in the future and what they are going to do - I do not know what happened - I think they all have a pretty good idea that Maliki has his hands in the cookie jar and they are trying to separate themselves from him as quickly as they can - I think Nujafi has been fooled - I think they all realize they have been fooled and when Shabibi lays this out that they are going to be thereNow what is Maliki trying to do? He is trying to get the people on his side - people do not have a high respect for him at this point in time - they are just as tired of what is going on over there - from the news we are hearing there are troops over there - and some say they are not - my guess is the troops were probably put over there to kinda keep the peace before the the election - Trust me he is starting to feel it from everywhere even from his own people - That is why he is working so hard with Kuwait to try to get Chapter 7 doneWe saw tons of articles on that - he may get it done but it is really not going to help him in the things that are going on there - Really have to tell you great stuff We had some great Government articles and discussion about each article which follows below - Mikes analysis follows after each article "America held trade agreements with the Iraqi private sector"Very cool article....you can start to see the pieces coming together - they want to have the Americans come back in - this is part of the Future of Iraq Project for us to come back in and rebuild, financial situation, ect - Very very very interesting this shows up today after the election it kinda gives you the idea they are ready for this influx and getting things going........Loved it"Claims the exit of Iraq from Chapter VII"Wow.....one of the questions I had is what would the Obama administration do now that they are in the next 4 yearswould we see some pressure - do they want to see this happen? Do they want to see change here? These are all some of the questions I had.....I think to date this is the strongest article we have seen that tells us that there is a direction the US wants to goand they are willing to get them out of Chapter 7 - Again I have always told you on this show that Chapter 7 is directly tied to the formation of their government - so basically what this article says is form your government and you are out of Chapter 7 - We are also going to enforce the Strategic Framework Agreement we have for your government and move things along - remember there is a plan - The jewel here is in the first article - companies putting them to work - getting things to go - getting things to do - cutting the deficit - doing those type of things - putting companies back to work and bringing the money out of there and getting this RV to happen - we will do those things - we will add a tremendous amount of money back into the economy - so you can see they are pushing for that and that is Great - we want to see that......That is what we want to see happen - we need to see the US actively being involved over here because they need the help - Now with this election maybe we will see them put heavy pressure on them whereas before we didn't see much - So either do we leave our hands off or are we going to go thru and do this...and have to tell you one of the two articles I really liked today was these first twoThere is alot going on in the government - I could not give you the amount of articles we read that they are starting to pass, complete and work thru things - We are going to talk about the Strategic Economic Council who is really PO'd, etc - Do you see a pattern starting to develop here on the economy? It is my opinion that Shabibi needs to come back and this is all going to be pushed and forced..I think Maliki will find himself cornered...tied...and not knowing where to go....again I do not endorse any of the other candidates cause they are just as bad as the other one - I am not an Iraqi citizen - I know the citizens are getting tired of Maliki and the Window Dressing and I think they get the understanding that he wants to be a dictator and that is not what they want - I think we have a clear understanding that is what Maliki wants to do and is not what we want to happen - theres one thing I know this administration believes in is the free will of people to design government they need to have - lot of money here...lot of oil revenues - lots going on here - these are things we like to see moving forward because without these things in place there is nothing to support an RV.....you just can't RV your money and not have the private sector ready....the banking sector ready, etcEverybody is entitled to their opinion out there on when and how it will happen - you can argue about free float, managed float whatever......But if the basics of the economy are not set its all for not.........that's what you need to look at because once they add value to this you have to get the people to put the money in the banks - the banking system has to work like the Central Banking System is supposed to work - loan money - borrow debt - get people to pay their taxes - people have to have money - today one of the things that we saw Maliki is trying to get rid of these Ration cards - well they are not too happy with that - he wants to give them money....I think Maliki wants to take it away because of the 25% revenues that might be put on those cards and he doesn't want them to have it - he knows how easy it is to put the revenues on those cards - I believe he wants to make it hard on the people to go get there money - Maliki doesn't want to give anything to the people in my opinion- he wants to become a dictator - he wants an army - We read some articles today about Maliki going out and sealing this deal with Russia and then another one that Parliament saying whoa whoa you can not do this deal - we don't want you to do this deal- what is he trying to do - he is trying desperately to get an army to control people - trying desperately to keep the people depressedIf somebody comes out and tells you that Maliki wanted to RV this 2 weeks ago - he has been in charge of the Central Bank for 2 weeks now - if he wanted to RV the currency all he had to do is set the price and it goes - just like Saddam did - he didn't give a crap about the IMF, banks, etc --if it was something he wanted to do he would have forced it because he has the upper hand - Remember to a certain degree the economies are waiting for this to happen so he had the upper hand if he had really wanted to do that and force it and force the bank to accept it because you have the upper hand - they need the infusion of cash out there

I always analyze everything that is going on in this currency valuation based on economic factors and you need to look at it that way too - and when you look at the government its still based on economic factors and them getting together what they do - you could pay hundreds of dollars for reports on what is going on over there but its really simple - its not very hard - We talk alot on this call with LJ and what they are trying to implement over there - they are trying to put something together that the rest of the countries can follow over there to a certain degree......Remember you have countries that are somewhat radicalized versus those that aren't and the whole Arab Spring has turned things upside down but Iraq can become the model for the rest of these countries to kinda operate inside there - Remember Its money...its oil....its keeping that all together....Take a step back - always look at the things that need to happen and that you have in place and what you need to have in place and it truly is economics and as you start to analyze whats going on - you can break down the parties of what they are doing but keep it to the basics so you don't get confused - we could talk about all of this other stuff and get technical but it really is all about the economics and who is trying to get in charge - Maliki knows there is alot of oil there - he would really like that power and the money - to do for his radical reasons to get into Iran and to do the things they need to do - Have to tell you that with Maliki gone Iran needs to be isolated even more than it is and we are trying to get that isolation as best as we can - we may even be talking to them at this point in time but if we can shut off there money economically and shut them down that will get them to the table or to do the things that they need to do quicker....Follow the money

"Iraq: Maliki does not have the courage to resign to form a majority government"Loved this article too....another one of my favorites.....I think it is the first time I have seen in 1 1/2 years where Maliki is showing his weakness and you are starting to see from American that this is what we want to do and how we are going to do it.I think it is funny......Go ahead and resign Maliki and do what you are going to do - ultimately once he resigns they just go to his party and say okay you either put somebody in there or we put Allawi in there, etc and we are there - There is alot going on to buck Maliki - I loved the picture of him standing there all by himself in this article....loved it.....hopefully he is starting to get isolated and we are starting to see these type of articles we like to see where it is putting Maliki on an island - love to see these type of articles - bring more of these on.......Listen to the recording for the rest of the discussion

"Collect 100 signatures to the enactment of the Strategic Economic Council"Why does Maliki NOT want this Council? This Strategic Economic Council is huge....Its a council that would almost take the place of the Parliamentary Finance Committee..and Maliki has controlled that to get what he needs to do and to get done in Congress - so this Economic Council would have the power to constitutionally get out there and work with the Central Bank with economic policy and come back to Parliament and say these are the laws that we need sorta working as that intermediary between Central Bank and ParliamentGuess who is just fuming about this Economic Council? Now they may not have alot of power but that's basically what it is going to do - and Its really PO'd Maliki - he doesn't want this - he will not be able to seat that with his people - because there are really not politicians that go there - you could have one or two - these are economics people and a committee.....he is not going to be able to have enough people to stack that Committee to get what he wants.........pretty cool - loved this one too...........listen to recording for the rest of the discussion....

Then in the midst of all of this.....this article comes out on the 6th of Nov and again today.....Allawi: Maliki employees and him to be questioned...listen to the recording for the great analysis by Mike LJ also joined us from LJ's Next Step Team for some discussion - Thanks LJAnd there you have it...Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!